Tesla is said to be in negotiation with Travis County, Texas, home to the state capital, Austin, for property tax abatements on what is said to be up to a $25 billion investment bringing up to 30,000 jobs to the region. Since Texas collects most of its taxes through property taxes, abatements are often offered as an incentive for industry to locate in the state and can be worth millions. QUOTE, Big moves are in the air in US automaker industry IMO
